I will try to reach you once more using the most basic terminology that I can, although I know this is most likely a wasted effort.
Josh promises that XPY can be sold on Paybase Monday for $20. This means that every coin not currently held by GAW will be snapped up and taken there and sold for $20. This means that $20 for every XPC currently in the wild will be coming out of GAW's bank account.
Yes. And this is what they want. They want to prop up the $20 price on paybase... which is their own exchange. It's the only exchange where they can guarantee the $20. Buying $5 coins on another exchange is a wasted effort. Why? Because they just wasted $5 to buy a coin they don't need.
If they were to buy these POW coins right now, they can be bought for $5.
Gotcha.... no one is arguing what they "could" do. You still have yet to explain why they need to do this.
The next part gets a little tricky, as it employs basic mathematics. Take a drink of water and try to stay with me here.
LOL. I love this thread.
The estimate is that there will be 500,000 POW coins.
Gotcha.
Today this 500,000 coins could be purchased @5 each. This equals $2,500,000
Yep... I'm following.
Monday, (if there is validity to the $20 buyback promise) these coins will be bought on the exchanges and sold on Paybase for $20 each. This equals $10,000,000.
Are you still with me here?? Take a breath, stretch and get ready for the next part, I promise it is the end of this complicated Math.
Yep... my calculator is sitting at the ready.
$10,000,000 is more than $2,500,000. This means that if you pay $10,000,000 instead of $2,500,000 you will have $7,500,000 LESS in your bank account Monday.
You don't say. Well gosh, I never thought of it like that. That makes all the difference in the world.
Except... you still haven't explained *why* they need to buy those coins from the exchanges for $5. Then they will be accused of price manipulation and owning 100% of the coins in existence. Just more fodder for what you are trying to do here.
If you still do not understand that having $7,500,000 more in your bank account is better than tossing it in the toilet you will most likely never understand.
There. Was that so hard?
Make sure you rent as many miners as you can tonight to get "cheap" XPY so you can cash them in for $20 Monday morning!
Now... if you don't understand that they don't have to buy back all those coins because of natural market forces (arbitrage, and home stakers), then you will most likely never understand.
Finances are never as black and white as you imagine them to be.
